India, July 3 -- Silver prices are holding strong above $36 an ounce while gold stays above $3,300. One portfolio manager says both metals could still go higher. Ryan McIntyre, Senior Managing Partner at Sprott, said he still believes in gold's strength but is paying more attention to silver right now, as per a Kitco News report.
McIntyre's view comes as the gold-to-silver ratio has dropped below 92. In April, it was over 100, the highest in years. Spot silver was last seen at $36.40 an ounce, up more than 1% for the day. Spot gold was at $3,344.28 an ounce, up 0.24%.
Lower fears about a worldwide recession and easing trade tensions are helping silver demand for industrial use. Gold prices are steadier right now. McIntyre said he thinks...
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